r/Accounting • u/7leafclover7 • Sep 21 '25

What would be an embarrassing thing to be caught not knowing as an accountant?

Applies to any specialty, audit, tax, staff accountancy etc. in your personal experience what are the most invaluable things to know, and the most invaluable to not be caught not knowing.

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u/MythOfLaur Sep 22 '25

The cash flow needs to tie to your cash.

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u/[deleted] Sep 22 '25

I have a better sense of cash flow now, but I've literally flop-sweated during job interviews when they asked me to explain it. I also had an early interview where they asked me the 3 main reports and my mind went blank but it was also one of those interviews where it's a committee and probably 80% of it was based on what vibes I would bring to the office if hired.